That appears to be 100% correct.
Difference is that I think I had/have much, much more animosity towards Tilton than shotsky did/does and that was, ultimately, to my detriment. :-( ("Luckily" I still own some of the 2017 dividends.)
Got in here in March of 2017 with that first Naomi Village resort Pr. Fast forward to 2019 or so and after dumping all my shares, (and after a couple SEC complaints and grand-sounding PRs that never seemed to materialized) I knew that the only way the pps could go, from .0001/No Bid, was UP. So I also loaded some .0001s. Unfortunately, Jake's first lawsuit scared me as, thinking I knew Tilton well, I got the suspicion that he might do a bankruptcy after his defaulting on Jake's first lawsuit. So I sold my remaining shares. (Again, still got the dividends. :-))
I was wrong. (And I believe it was part of the settlement that Tilton couldn't do a BK).
Then came, what, LABS Group and also SBC?? But I stopped believing Tilton by then. :-(
Oh well.
gl2a